Asia Pacific

In Singapore, fluctuating community COVID-19 cases in 2020 and 2021 caused residents to become more reluctant to spend time outdoors. While there was a consistent interest in fitness for health improvement, many individuals formed the habit of…

Weight management and wellbeing continued to perform well in Singapore in 2023, aligned with increased health consciousness amongst Singaporeans. Of all categories, supplement nutrition drinks emerged as the fastest growing, with more consumers…

Vitamins is set to continue to see stable growth in Singapore in 2023, with multivitamins expected to perform slightly better than single vitamins due to Singaporeans’ preference for convenience and multifunctional products. At the same time, there…

Singapore continues to recover strongly in 2023. While the travel and tourism industry in Asia Pacific experienced a slow recovery during the early stages of reopening, Singapore has managed to stay ahead. However, the primary inbound source markets,…

While the tourism industry in Asia Pacific was experiencing a slow recovery during the early stages of reopening, Singapore managed to stay ahead. In fact, Singapore welcomed travellers who were completely vaccinated when its border reopened in April…

After seeing dynamic growth in 2020, and a further increase in 2021, total sweet spreads packaging turned to decline in 2022, although volumes remained well above the pre-pandemic level, and honey was the only category to see a decline. Indeed,…

Sports nutrition consists of both protein and non-protein products in Singapore. The former dominates local sales, covering protein/energy bars, sports protein powder (the largest value category) and sports protein RTD. One factor explaining the lack…

The pandemic brought about a lot of interest in the topic of immunity in the consumer health industry. Many pharmaceutical companies, including the renowned French company Sanofi, have started establishing vaccine facilities to combat future…

Sauces, dips and condiments packaging volumes saw an exceptional year of growth in 2020, in the first year of the pandemic, when consumers had to cook more meals at home. In 2021, a partial reversal of this trend was seen as the pandemic eased, and…

Unlike in some other packaged food categories, despite seeing exceptional growth in the first year of the pandemic in 2020, total packaging volumes of processed meat and seafood did not turn to decline in the following two years, although different…

Total packaging volumes for processed fruit and vegetables saw growth in 2022, after already seeing exceptional growth during the pandemic. Growth was seen in packaging volumes across all categories except shelf stable beans, and across all pack…

Total packaging volumes for plant-based dairy continued to rise in 2022, with growth seen across all pack types, although plant-based milk remained the only category with notable volumes, as plant-based yoghurt and cheese are still in their early…

Targeted marketing techniques such as segmentation and positioning have proven to be effective in boosting sales of paediatric consumer health products. Local brands seem to understand the concerns of parents when it comes to the wellbeing of their…

Due to the lifting of restrictions on group sizes and outdoor activities in April 2022, more people in Singapore started going back to the office for work. According to Euromonitor International’s Voice of the Consumer: Nicotine survey, smoking has…

The global economy is facing weaker growth and increasing fragmentation, as a result of rising geopolitical tensions, especially due to the war in Ukraine and the US-China strategic rivalry. Protectionism, industrial policy and a focus on resilience…

Vietnam is largely dominated by two-wheelers, with motorcycles and mopeds accounting for 94% of all vehicles used as of 2022. Light vehicle sales are forecast to grow by 10.9% over 2022-2027. Large cars, including SUVs and crossovers, and…

In 2023, the government reformed its electric vehicles subsidy plan, considering factors like price, vehicle performance, warranty infrastructure and battery energy. This is set to boost the electric vehicle market, especially favouring local brands.…

In 2022, Singapore witnessed resurgence in light vehicle and car rental sales, although it was slowed by rising prices of certificates of entitlement (COE). Singapore’s commitment to reduce land transport emissions by 80% from the 2016 peak by 2050,…

Despite already having seen exceptional growth for several years, meals and soups maintained dynamic growth in packaging volumes in 2022, with increases for most pack types, and most categories, with dry soup and frozen ready meals the only…